Purchasing Oil Filters

Oil Filters price data and market research for sourcing professionals

Date Published: July 2017

Overview

IBISWorld’s Oil Filters Procurement Research Report helps simplify the purchasing process. This report provides tools such as pricing trends and forecasts, supplier benchmarks and negotiation questions to help you work with internal stakeholders and executives to manage the procurement process for your company. With this information, your company will be able to make credible and knowledgeable decisions regarding purchasing Oil Filters.

Oil Filters - Recent Price Trend

Sales of oil filters have been growing steadily, but input costs have been decreasing sharply during the past three years, resulting in an estimated average annual price decrease of 0.8%. Falling prices significantly strengthen buyer power.Steel is the most heavily used input in oil filter production, so there is a significant correlation between steel prices and oil filter prices. The price of...

Oil Filters - Total Cost of Ownership

The total cost of owning an oil filter is low. The purchasing process is quick and straightforward, and there are minimal costs associated with locating a suitable supplier. Furthermore, installation is affordable, and oil filters require insignificant maintenance and upkeep during their service lives. Unlike many other automotive parts, oil filters are rarely repaired or refurbished when broken...

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About this Report

This report is intended to assist buyers of oil filters. Oil filters remove contaminants from the oil used in automobiles, trucks and hydraulic machinery. Although these filters are primarily used in gasoline and diesel engines, automatic transmissions, power steering and gas turbines, they are also used in many manufacturing processes involving oil. About 40 large companies, many of which sell their filters under multiple brands, manufacture oil filters. Filters are sold either by a manufacturer or a secondary supplier, such as a wholesaler or retailer. This report does not include hydraulic oil or motor oil, nor does it include oil changes or other automotive services.